This is what we wait for every year — when the reveal of HGTV Dream Home turns into a fun frenzy of HGTV fans entering for a chance to win.

Looking North

Instead of adopting the typical vernacular of Florida homes painted in tropical colors the design team at HGTV Dream Home 2016 took their cues from the styles of those found in the Hamptons on New York’s Long Island.

Photo by: Rustic White Photography, LLC

Rustic White Photography, LLC

Instead of adopting the typical vernacular of Florida homes painted in tropical colors the design team at HGTV Dream Home 2016 took their cues from the styles of those found in the Hamptons on New York’s Long Island.

Every year, the homes just get more wow-worthy, and HGTV Dream Home 2016 tops the charts. This waterfront retreat offers stunning views outside and inside, where cool coastal hues and patterns serve to relax and rejuvenate the spirit.

Majestic Teal

The majestic teal for the master bedroom walls was also used for the ceiling, which helps give the well-detailed space a cozy feel.

Photo by: Rustic White Photography, LLC

Rustic White Photography, LLC

The majestic teal for the master bedroom walls was also used for the ceiling, which helps give the well-detailed space a cozy feel.

And it’s an experience that could be yours if you win!

From now until February 18, 2016, you can enter twice online per day — once on HGTV.com and once on DIYNetwork.com — for your chance to win the HGTV Dream Home 2016, a prize package valued at over $1.5 million. There's no time like the present for your very first entry.